VMware customers face uncertain future as Broadcom ends VMware partner programs
Only Broadcom's favorites will be able to sell VMware-related offerings.
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Only Broadcom's favorites will be able to sell VMware-related offerings.
From "Neutral" to "Buy" and lifted its price target, citing margin recovery, innovation ahead of the 2024 Olympics and its China position. The move comes…
In fiscal 2024, Broadcom expects revenue of about $50.0 billion including VMware's contribution. Analysts on average were expecting $52.50 billion, according to LSEG data.
Broadcom's mega $61 billion VMware acquisition has closed following considerable scrutiny by regulators.
Asian markets were mixed on light volumes as Nvidia’s earnings results and the company's mention of US government restrictions on chip exports weighed on tech stocks.